Options Playbook Readio 116: Long Call Spreads with a Twist

We are back to strategies this week and are looking at long call spreads...with a twist. If you're following along at home, this is on page 60 of the Options Playbook, but you can always find it on OptionsPlaybook.com. Jumping in: AMZN is announcing earnings in two weeks, but we are looking to avoid those earnings We're taking a traditional long call spread, and trying to make it time/premium positive What does that mean? What is the break-even? Setting up the trade What adjustment would we make to it?